Cardano Tumbles 23% In Bearish Trade

Cardano Tumbles 23% In Bearish Trade

May 10, 2020

Cardano was trading at $0.042845 by 20:22 (00:22 GMT) on the Index on Sunday, down 22.57% on the day. It was the largest one-day percentage loss since March 12.

The move downwards pushed Cardano's market cap down to $1.32596B, or 0.00% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.91700B.

Cardano had traded in a range of $0.042829 to $0.051558 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a stagnation in value, as it only moved 0.09%. The volume of Cardano traded in the twenty-four hours to time of writing was $139.54362M or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $0.0428 to $0.0537 in the past 7 days.

At its current price, Cardano is still down 96.83% from its all-time high of $1.35 set on January 4, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $8,280.5 on the Index, down 19.19% on the day.

Ethereum was trading at $183.64 on the Index, a loss of 15.91%.

Bitcoin's market cap was last at $170.88869B or 0.00% of the total cryptocurrency market cap, while Ethereum's market cap totaled $22.85609B or 0.00% of the total cryptocurrency market value.

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